Entering vendor payments

Step 2: Enter details about the vendor payment

Step 1 > 2 > 3 > 4


If you haven’t already read the Vendor Payments Overview, see Entering vendor payments for more information.

  1. Enter or select the name of the vendor to whom you want to make the payment.

Note: If you receive an alert message

If you have outstanding debit memos with this vendor, an alert message will appear. You’ll have the opportunity to settle the debit memos immediately or at a later date.

See To apply a vendor debit (from the Vendor Payments window) for more information.

  1. After you enter a vendor name, some entries appear automatically in the top half of the window. You can make changes to these entries, if you wish.

Note: If this is a foreign vendor

If you’re using MYOB AccountEdge’s Multicurrency feature and you selected a vendor who’s been assigned a foreign currency in the Card File Entry window, that currency is automatically assigned to the transaction, and it can’t be changed.

If you want to use a different exchange rate for this transaction than the one you’ve entered for the currency in the Currency Information window, click the Exchange Rate button. The Exchange Rate window appears; enter the exchange rate you want to use for the transaction. If you want to change the exchange rate for all future transactions, mark the Update Current Exchange Rate in the Currency List with Transaction Exchange Rate option, then click OK.

  1. In the Amount field, enter the amount you paid the vendor.
  2. Enter a description of the transaction in the Memo field. This description will appear on various AccountEdge reports, including the Cash Disbursements Journal.

Entering vendor payments - Step 2